🎓 What do liquidation and funding mean? The explanation that helps you understand the market

$BTC Today, $894 million was liquidated from the market—but what does liquidation mean? And what’s this funding everyone’s talking about? Here’s a 30-second explanation:

• Liquidation: When you open a leveraged position without enough margin, the exchange closes your position for you—this happened to 141,015 traders in 24 hours, 83.3% of whom were betting on prices going up
• Funding: A payment exchanged between buyers and sellers on Binance perpetual contracts every 8 hours—if it’s positive, longs pay shorts; if it’s negative, the reverse. Today it’s 0.0016%—low, meaning no one’s getting carried away
• Open interest: The total number of open positions across the entire market—today, Bitcoin’s open interest is $45.71 billion, down 5.77%—meaning leverage is unwinding

Why does this matter? Because liquidations can turn an ordinary drop into a wave: when the price breaks a level, long liquidations sell automatically, and that selling breaks the next level. That’s how Bitcoin fell from $70,000 to $66,402.

Quick question: Did you know what funding was before this post? Write “I knew” or “First time.”

Source: CoinGlass — November 14, 2026
#Binance #Crypto